TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
FRANKENMUTH INSURANCE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1 MUTUAL AVENUE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
FRANKENMUTH, MI48787

A Employer identification number

82-4383153

B Telephone number (see instructions)

(989) 652-6121

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$5,896,754J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	350,000
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	108,159		108,159
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		241,422
b	Gross sales price for all assets on line 6a 1,064,422
7	Capital gain net income (from Part IV, line 2)...			241,422
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	699,581		349,581
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		4,469	2,234	2,235
b	Accounting fees (attach schedule).......		2,885	1,443	1,442
c	Other professional fees (attach schedule)....		52,026	43,182	8,844
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		3,842	3,117	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,811	906	905
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	65,033		50,882	13,426
25	Contributions, gifts, grants paid.......	227,750			227,750
26	Total expenses and disbursements. Add lines 24 and 25	292,783		50,882	241,176
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	406,798
b	Net investment income (if negative, enter -0-)			298,699
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	283,733	201,095	201,095
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	792,438	871,374	887,944
	b	Investments—corporate stock (attach schedule).......	1,163,991	1,297,941	1,984,252
	c	Investments—corporate bonds (attach schedule).......	549,758	620,229	624,328
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,437,195	1,641,521	2,199,135
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,227,115	4,632,160	5,896,754
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	4,227,115	4,632,160
	29	Total net assets or fund balances (see instructions).....	4,227,115	4,632,160
	30	Total liabilities and net assets/fund balances (see instructions).	4,227,115	4,632,160

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

4,227,115

Enter amount from Part I, line 27a .....................

406,798

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

4,633,913

Decreases not included in line 2 (itemize) bullet

1,753

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

4,632,160

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES
b	PUBLICLY TRADED SECURITIES
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	193,805	166,509	27,296
b	864,861	656,491	208,370
c	5,756		5,756
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			27,296
b			208,370
c			5,756
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	241,422
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	4,152
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	4,152
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	1,014
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	6,500
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	7,514
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,362
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax3,362	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.FMINS.COM

The books are in care of bullet

JOHN ROSILIER Telephone no. bullet

(989) 652-6121

Located at bullet

1 MUTUAL AVENUEFRANKENMUTHMI ZIP+4 bullet

48787

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JOHN S BENSON	CHAIRMAN; DIRECTOR 0.50	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	CHAIRMAN; DIRECTOR 0.50	0	0	0
SUSANNAH W BISKUPSKI	SECRETARY 1.00	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	SECRETARY 1.00	0	0	0
JOHN D ROSILIER	TREASURER 1.00	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	TREASURER 1.00	0	0	0
FREDERICK A EDMOND JR	PRESIDENT - THRU 9/2/21; DIRECTOR 1.00	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	PRESIDENT - THRU 9/2/21; DIRECTOR 1.00	0	0	0
BRYAN L GILLELAND	VP, EDUCATIONAL -THRU 9/2/21; DIRECTOR 1.00	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	VP, EDUCATIONAL -THRU 9/2/21; DIRECTOR 1.00	0	0	0
DAVID A PENDLETON	DIRECTOR - THRU 9/2/21 0.50	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	DIRECTOR - THRU 9/2/21 0.50	0	0	0
DREW R ZEHNDER	DIRECTOR - THRU 9/2/21 0.50	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	DIRECTOR - THRU 9/2/21 0.50	0	0	0
ANDREW H KNUDSEN	PRESIDENT/VP, EDUCATIONAL EFF 9/3/21 1.00	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	PRESIDENT/VP, EDUCATIONAL EFF 9/3/21 1.00	0	0	0
TIMOTHY S DONNELLON	VP, SCHOLARSHIP - EFF 9/3/21 0.50	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	VP, SCHOLARSHIP - EFF 9/3/21 0.50	0	0	0
PHILLIP J MCCAIN	VP, CHARITABLE- EFF 9/3/21 0.50	0	0	0
1 MUTUAL AVENUE FRANKENMUTH,MI48787	VP, CHARITABLE- EFF 9/3/21 0.50	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

5,391,613

Average of monthly cash balances.......................

205,026

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

5,596,639

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

5,596,639

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

83,950

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

5,512,689

Minimum investment return. Enter 5% (0.05) of line 5................

275,634

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

275,634

Tax on investment income for 2021 from Part V, line 5.......

4,152

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

4,152

Distributable amount before adjustments. Subtract line 2c from line 1............

271,482

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

271,482

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

271,482

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					271,482
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......	10,272
d From 2019......	44,266
e From 2020......	5,851
f Total of lines 3a through e ........		60,389
4Qualifying distributions for 2021 from Part
XI, line 4: $ 241,176
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					241,176
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		30,306			30,306
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		30,083
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		30,083
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....	24,232
d Excess from 2020....	5,851
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

APPLICATIONS ARE ACCEPTED VIA WEBSI
1 MUTUAL AVENUE
FRANKENMUTH,MI48787
(989) 652-6121

bThe form in which applications should be submitted and information and materials they should include:

APPLICATION FORM CAN BE FOUND ON WEBSITE.

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

GUIDELINES FOR AWARDS ARE LISTED ON APPLICATION FORMS TO DETERMINE ELIGIBILITY

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ADULLAM HOUSE PO BOX 1248 WETUMPKA,AL36092		PC	COMMUNITY SUPPORT	2,500
AFSP NORTH CAROLINA 199 WATER STREET FL 11 NEW YORK,NY10038		PC	COMMUNITY SUPPORT	2,500
AMERICAN RED CROSS 1401 S GRAND TRAVERSE STREET FLINT,MI48503		PC	COMMUNITY SUPPORT	10,000
AMERICA'S SECOND HARVEST OF COASTAL GEORGIA 134 INDIGO DRIVE BRUNSWICK,GA31525		PC	COMMUNITY SUPPORT	2,500
BREAD OF LIFE MINISTRIES 159 WATER STREET AUGUSTA,ME04330		PC	COMMUNITY SUPPORT	2,500
CAL'S ALL-STAR ANGEL FOUNDATION INC 2422 W MAIN ST UNIT 3B ST CHARLES,IL60175		PC	COMMUNITY SUPPORT	2,500
CASS RIVER GREENWAY 240 W GENESSEE STREET FRANKENMUTH,MI48734		PC	COMMUNITY SUPPORT	500
CATHOLIC CHARITIES INC DIOCESE OF MADISON 702 S HIGH POINT ROAD STE 201 MADISON,WI53719		PC	COMMUNITY SUPPORT	2,500
CHICAGO COALITION FOR THE HOMELESS 70 EAST LAKE STREET SUITE 720 CHICAGO,IL60601		PC	COMMUNITY SUPPORT	2,500
CHRISTINE ANN DOMESTIC ABUSE SERVICE INC 206 ALGOMS BLVD OSHKOSH,WI54901		PC	COMMUNITY SUPPORT	2,500
COMMUNITY HARVEST FOOD BANK OF NORTHEAST INDIANA INC PO BOX 10967 FORT WAYNE,IN468550967		PC	COMMUNITY SUPPORT	2,500
COOPERATIVE MINISTRY 3821 WEST BELTLINE BOULEVARD COLUMBIA,SC29204		PC	COMMUNITY SUPPORT	2,500
COVENANT HEALTHCARE FOUNDATION 1447 N HARRISON STREET SAGINAW,MI48602		PC	COMMUNITY SUPPORT	25,000
COVENANT HEALTHCARE FOUNDATION 1447 N HARRISON STREET SAGINAW,MI48602		PC	COMMUNITY SUPPORT	25,000
EAST SIDE SOUP KITCHEN 940 E GENESEE AVE SAGINAW,MI48607		PC	COMMUNITY SUPPORT	500
FEED THE KIDS COLUMBUS 7147 WILTON LOOP DUBLIN,OH43017		PC	COMMUNITY SUPPORT	2,500
FILM NORTH 550 VANDALIA STREET 120 MINNEAPOLIS,MN55114		PC	COMMUNITY SUPPORT	12,500
FILM NORTH 550 VANDALIA STREET 120 MINNEAPOLIS,MN55114		PC	COMMUNITY SUPPORT	12,500
FURNITURE BANK OF SOUTHEASTERN MICHIGAN 333 NORTH PERRY STREET PONTIAC,MI48342		PC	COMMUNITY SUPPORT	1,000
GENESEE COUNTY SALVATION ARMY 211 W KEARSLEY ST FLINT,MI48502		PC	COMMUNITY SUPPORT	1,500
GOOD SHEPHERD FOOD BANK OF MAINE PO BOX 1807 AUBURN,ME04211		PC	COMMUNITY SUPPORT	2,500
INCLUSIVELY FIT 37980 COMMERCE DR 1002 STERLING HEIGHTS,MI48312		PC	COMMUNITY SUPPORT	1,500
INTERFAITH FOOD SHUTTLE 1001 BLAIR DRIVE RALEIGH,NC27603		PC	COMMUNITY SUPPORT	2,500
JUVENILE DIABETES RESEARCH FOUNDATION (JDRF) 8035 HOSBROOK RD SUITE 210 CINCINNATI,OH45236		PC	COMMUNITY SUPPORT	2,500
KALKASKA AREA INTERFAITH RESOURCES (KAIR) PO BOX 766 KALKASKA,MI49646		PC	COMMUNITY SUPPORT	2,000
LIFECLINIC COMMUNITY RESOURCES 4364 STATE STREET SAGINAW,MI48603		PC	COMMUNITY SUPPORT	2,000
MICHIGAN CROSSROADS COUNCIL BSA 5001 ELEVEN MILE RD AUBURN,MI48611		PC	COMMUNITY SUPPORT	750
NAMIC MUTUAL INSURANCE FOUNDATION 3601 VINCENNES ROAD INDIANAPOLIS,IN46268		PC	COMMUNITY SUPPORT	5,000
NEW HAMPSHIRE FOOD BANK 700 E INDUSTRIAL PARK MANCHESTER,NH03109		PC	COMMUNITY SUPPORT	2,500
NORTH FULTON COMMUNITY CHARITIES 11270 ELKINS ROAD ROSWELL,GA30076		PC	COMMUNITY SUPPORT	2,500
PASSAGE HOME 513 BRANCH STREET RALEIGH,NC27601		PC	COMMUNITY SUPPORT	2,500
PEORIA RESCUE MINISTRIES 601 SW ADAMS PEORIA,IL61602		PC	COMMUNITY SUPPORT	2,500
PILLARS 605 E HANCOCK ST APPLETON,WI54911		PC	COMMUNITY SUPPORT	2,500
SAGINAW RESCUE MISSION PO BOX 548 SAGINAW,MI486060548		PC	COMMUNITY SUPPORT	2,500
SALVATION ARMY BAY CITY 401 10TH ST BAY CITY,MI48708		PC	COMMUNITY SUPPORT	1,500
SALVATION ARMY SAGINAW 2030 N CAROLINA ST SAGINAW,MI48602		PC	COMMUNITY SUPPORT	1,500
SECOND HARVEST FOOD BANK 331 GREAT CIRCLE ROAD NASHVILLE,TN37228		PC	COMMUNITY SUPPORT	2,500
SECOND HARVEST FOOD BANK 6200 MINERAL POINT ROAD MADISON,WI53705		PC	COMMUNITY SUPPORT	1,000
SECOND HARVEST FOOD BANK 136 HARVEST LANE MARYVILLE,TN37801		PC	COMMUNITY SUPPORT	2,500
SPECIAL OLYMPICS OF GEORGIA 6046 FINANCIAL DRIVE NORCROSS,GA30071		PC	COMMUNITY SUPPORT	2,000
THE FULL TUMMY PROJECT OF COVINGTON COUNTY PO BOX 211 ANDALUSIA,AL36420		PC	COMMUNITY SUPPORT	2,500
THE I-58 MISSION INC 2450 HIGHWAY 85 SENOIA,GA30276		PC	COMMUNITY SUPPORT	2,500
THE INSTITUTES DEVELOPMENT FUND 720 PROVIDENCE ROAD STE 100 MALVERN,PA193553433		PC	COMMUNITY SUPPORT	3,000
THE LOVE KITCHEN OF KNOXVILLE TN PO BOX 6839 KNOXVILLE,TN37915		PC	COMMUNITY SUPPORT	2,500
THE SURETY FOUNDATION 1140 19TH STREET NW STE 500 WASHINGTON,DC20036		PC	COMMUNITY SUPPORT	1,000
THE VICTORY CENTER 3166 N REPUBLIC BLVD TOLEDO,OH43615		PC	COMMUNITY SUPPORT	2,500
THE WOMEN'S CENTER 505 N EAST AVENUE WAUKESHA,WI53186		PC	COMMUNITY SUPPORT	2,500
TOYS FOR TOTS 495 N FRANKLIN FRANKENMUTH,MI48734		PC	COMMUNITY SUPPORT	3,000
TOYS FOR TOTS 2326 COOPER AVENUE SAGINAW,MI48602		PC	COMMUNITY SUPPORT	3,500
UNDERGROUND RAILROAD 5647 STATE STREET SUITE A SAGINAW,MI48603		PC	COMMUNITY SUPPORT	5,000
UNITED WAY OF SAGINAW COUNTY 100 S JEFFERSON AVE 3 SAGINAW,MI48607		PC	COMMUNITY SUPPORT	30,000
VERMONT FOOD BANK 33 PARKER ROAD BARRE,VT05641		PC	COMMUNITY SUPPORT	2,500
VISTA MARIA 20651 W WARREN DEARBORN HEIGHTS,MI48127		PC	COMMUNITY SUPPORT	1,500
YMCA OF BUCYRUS-TIFFIN 180 SUMMIT STREET TIFFIN,OH44883		PC	COMMUNITY SUPPORT	2,000
YPSILANTI MEALS ON WHEELS 1110 W CROSS ST YPSILANTI,MI48197		PC	COMMUNITY SUPPORT	3,000
Total ................................. 3a				227,750

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	241,422
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		349,581	0

13Total. Add line 12, columns (b), (d), and (e)..................

349,581

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

FRANKENMUTH INSURANCE FOUNDATION

Employer identification number

82-4383153

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization FRANKENMUTH INSURANCE FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	FRANKENMUTH MUTUAL INSURANCE COMPANY 1 MUTUAL AVENUE FRANKENMUTH, MI48787	$ 350,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization FRANKENMUTH INSURANCE FOUNDATION		Employer identification number 82-4383153

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization FRANKENMUTH INSURANCE FOUNDATION			Employer identification number 82-4383153
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	2,885	1,443		1,442

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS SR NT DTD 11/17/2016	11,118	11,057
ABBOTT LABS SR NT DTD 03/10/2015 2.95% 03/15/2025-2024	16,454	15,755
AIR PRODUCTS & CHEMICAL INC GLBL	8,144	8,119
AMERICAN HONDA FIN COR MTN FR DTD 09/10/2019 2.05% 01/10/2023	15,173	14,948
APPLE INC GLOBAL NOTE DTD 05/03/2013 2.4% 05/03/2023	27,869	27,149
BANK OF AMERICA CORP FR DTD 4/22/2021 2.687%	5,022	5,080
BANK OF AMERICA CORP FR DTD 07/23/2020 07/23/2031-2030	20,235	19,162
BERKSHIRE HATHAWAY INC SR GLBL	16,359	16,062
BP CAP MKT AMR INC SR GB NTE 11/06/2018 4.234% 11/06/2028-2028	10,029	11,296
CHARLES SCHWAB CORPORATION SR	14,760	14,636
CHUBB INA HOLDINGS INC SR GLBL	13,963	14,144
COMCAST COR SR GLB NOTE DTD 02/16/2016 3.15% 03/01/2026-2025	24,992	26,667
DISNEY WALT CO SR GLBL NT DTD 09/06/2019 2% 09/01/2029-2029	20,260	19,914
DTE ELECTRIC CO 1M GLB BD DTD 02/26/2020 2.25% 03/01/2030-2029	10,753	10,036
EXXON MOBIL COR SR GL NTE DT 03/06/2015 2.709% 03/06/2025-2024	5,425	5,201
EXXON MOBIL COR SR GLB NT DT 03/19/2020 2.992% 03/19/2025-2025	10,930	10,513
HOME DEPOT INC SR NT DTD 09/05/2017 2.8% 09/14/2027-2027	18,481	21,225
JPMORGAN SENIOR NOTE DTD 07/14/2016 2.95% 10/01/2026-2026	24,105	24,336
LOCKHEED MARTIN COR SR GLB NT 11/23/2015 3.55% 01/15/2026-2025	16,988	16,245
MASTERCARD INC SR GLBL NT DTD 03/24/2020 3.35% 03/26/2030-2029	22,528	22,022
MERCK & CO INC SR GLBL NT DTD	22,007	21,776
MERCK & CO INC SR NT DTD 02/10/2015 2.75% 02/10/2025-2024	10,392	10,476
MICROSOFT CORP SR NT DTD 02/12/2015 2.7% 02/12/2025-2024	23,784	26,183
NIKE INC SR GLBL NT DTD 03/27/2020 2.75% 03/27/2027-2027	22,169	21,201
NOVARTIS CAP COR SR GLB NT DT 02/14/2020 1.75% 02/14/2025-2025	15,079	15,214
PEPSICO INC SR GLBL NT DTD 10/05/2017 3% 10/15/2027-2027	15,871	16,090
PNC FIN SERV GR INC SR GLBL NT 01/17/2019 3.5% 01/23/2024-2023	10,252	10,473
PROLOGIS LP SR GLBL NT DTD 08/20/2020 1.25% 10/15/2030-2030	19,378	18,620
SALESFORCE.COM INC GLBL NT DTD	15,123	14,877
SHELL INTL FIN BV SR GLB NOTE DTD 05/10/2016 2.875% 05/10/2026	14,049	15,919
SIMON PROP GR LP SR GLB NT DTD 09/10/14 3.375% 10/01/2024-2024	14,666	14,659
STATE STREET CORP SR GLBL NT DTD 11/01/2019 11/01/2025-2024	20,700	20,618
TRUIST FINANCIAL CORP DTD	24,925	24,542
UNITED PARC SERV INC SR GLB NT 03/15/2019 3.4% 03/15/2029-2028	16,234	16,374
UNITEDHEALTH GR INC SR GLB NT DTD 07/20/2015 3.75% 07/15/2025	28,383	27,119
US BANCORP MTNS BANK ENT FR 07/19/2016 2.375% 07/22/2026-2026	22,365	25,957
VISA INC SR GLBL NT DTD 12/09/2015 3.15% 12/14/2025-2025	11,264	10,663

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	18,373	36,874
ACADIA HEALTHCARE CO	5,370	9,226
ADOBE INC	14,583	37,426
AIRBNB INC CL A	17,114	19,312
ALIGN TECHNOLOGY INC	3,706	11,829
ALPHABET INC CL A	7,283	20,278
ALPHABET INC CL C	19,336	54,977
AMAZON.COM INC	60,292	60,018
AMERICAN CAMPUS COMMUNITIES	3,493	5,213
AMERICAN INTERNATIONAL GROUP INC	8,110	24,222
APTARGROUP INC	4,326	5,144
ARCHER DANIELS MIDLAND CO	17,241	27,442
ARTISAN PARTNERS ASSET MGMT INC CL A	1,287	2,477
ATLANTIC UN BANKSHARES CORP	5,658	5,332
AUTODESK INC	14,105	22,495
AZENTA INC	3,875	4,640
BAXTER INTERNATIONAL INC	25,537	26,610
BIO RAD LABS INC CL A	3,177	9,822
BJS WHOLESALE CLUB HOLDINGS INC	5,287	13,327
BOOZ ALLEN HAMILTON HOLDING CORP CL A	2,429	4,663
BRIGHT HORIZONS FAM SOL INC	4,361	4,658
BROADCOM INC	11,799	32,605
BURLINGTON STORES INC	2,606	5,247
CARTER INC	3,256	3,846
CATALENT INC	2,605	9,986
CAVCO INDS INC	4,196	8,577
CERENCE INC	3,153	5,748
CIGNA CORP	17,813	23,652
CISCO SYSTEMS INC	19,835	29,593
COGNEX CORP	4,298	7,153
COGNIZANT TECH SOLUTIONS CL A	16,216	24,399
COLUMBUS MCKINNON CORP	4,379	4,163
COMCAST CORPORATION CL A	17,103	22,850
COMFORT SYSTEMS USA INC	5,247	6,332
CONAGRA BRANDS INC	21,273	23,973
CONOCOPHILLIPS	11,378	27,067
CVS HEALTH CORP	18,682	30,639
DEVON ENERGY CORP	3,729	5,418
DIAMONDBACK ENERGY INC	6,322	10,461
DISCOVER FINANCIAL SERVICES	15,931	22,188
DISNEY WALT CO	16,419	22,149
DOCUSIGN INC	3,997	3,960
DOLLAR GENERAL CORP	23,849	26,177
DOLLAR TREE INC	18,934	31,476
DORMAN PRODUCTS INC	4,213	6,329
DOVER CORP	23,382	25,061
DUPONT DE NEMOURS INC	17,781	25,769
EAGLE MATERIALS INC	3,512	8,657
EASTERLY GOVERNMENT PROPERTIES INC	4,223	5,478
EDISON INTL	18,974	23,752
ELEMENT SOLUTIONS INC	7,452	9,614
ENN ENERGY HOLDINGS LTD ADR	4,128	4,664
ENTERGRIS INC	2,499	8,731
EQUITY RESIDENTIAL	18,375	27,784
EXPONENT INC	2,425	5,953
FACEBOOK INC CL A	16,167	41,371
FEDERAL SIGNAL CORP	5,854	8,018
FIDELITY NATL INFORMATION SVCS	26,205	20,629
FIVE BELOW INC	4,929	8,482
GARTNER INC	11,508	28,752
GENTHERM INC	4,750	5,648
GIBRALTAR INDUSTRIES INC	4,353	6,601
GLACIER BANCORP INC	3,317	4,593
GLOBANT SA	7,073	8,166
GLOBUS MEDICAL INC CL A	3,335	5,271
GRAND CANYON ED INC	3,755	2,742
HEXCEL CORP	4,235	4,403
HONEYWELL INTERNATIONAL INC	21,183	21,268
HUBSPOT INC	1,062	5,273
HUDSON PACIFIC PROPERTIES INC REIT	5,810	5,090
IDACORP INC	5,211	6,572
ILLUMINA INC	12,152	13,315
INGERSOLL RAND INC	3,782	10,580
INTEGER HLDGS CORP	3,236	3,766
INTUITIVE SURGICAL INC	10,083	14,731
JOHNSON & JOHNSON	17,000	21,384
KEMPER CORP	4,176	3,233
KINSALE CAP GROUP INC COM	3,893	7,137
LANCASTER COLONY CORP	5,479	5,630
LITHIA MOTORS INC CL A	1,906	7,721
MANHATTAN ASSOCIATES INC	8,860	9,485
MASTERCARD INC	21,665	33,417
MERCK & CO INC	21,278	22,839
METLIFE INC	22,221	25,433
MICROSOFT CORP	11,167	38,004
MOLINA HEALTHCARE INC	3,405	7,634
MOTOROLA SOLUTIONS INC	15,352	26,355
MSCI INC	4,062	11,027
NETFLIX INC	16,097	18,073
NEUROCRINE BIOSCIENCES INC	4,472	4,684
NIKE INC	6,796	16,000
NORDSON CORP	3,880	8,425
NORDSTROM INC	4,246	2,669
NORTHROP GRUMMAN CORP	16,677	23,998
ORACLE CORP	11,933	23,023
PAYLOCITY HLDG CORP	6,999	7,793
PAYPAL HOLDINGS INC	6,975	15,275
PERFORMANCE FOOD GROUP CO	4,119	4,405
PHYSICIANS REALTY TRUST	4,225	4,876
PINNACLE FINANCIAL PARTNERS, INC	4,823	9,549
PIPER SANDLER COMPANIES	3,539	8,390
POLARIS INDUSTRIES INC	5,539	6,485
PORTLAND GENERAL ELECTRIC CO	4,231	4,816
POWER INEGRATIONS INC	3,843	5,388
PS BUSINESS PARKS INC CALIF	3,600	3,683
QUAKER CHEMICAL CORP	5,094	6,693
RAPID7 INC	2,478	9,768
RAYTHEON TECHNOLOGIES CORP	15,644	23,236
RBC BEARINGS INC	6,431	8,685
RPM INTL INC	3,622	6,464
SALESFORCE.COM INC	21,531	31,258
SCHNEIDER NATIONAL INC B	2,715	3,633
SERVICENOW INC	9,604	24,666
SIGNATURE BANK NEW YORK	4,822	14,880
SILICON LABORATORIES INC	3,825	9,702
STARBUCKS CORP	10,212	18,598
SUMMIT HOTEL PROPERTIES INC	3,555	3,514
SUN COMMUNITIES INC	4,705	9,659
SYNEOS HEALTH INC	5,834	10,165
TEXAS ROADHOUSE INC	4,951	7,142
TJX COS INC	24,430	25,888
TORO CO	4,138	7,493
TRUIST FINANCIAL CORPORATION	17,865	25,821
UNITEDHEALTH GROUP INC	14,506	22,596
US BANCORP	23,128	23,310
VAIL RESORTS INC	2,363	3,935
VERIZON COMMUNICATIONS INC	23,521	22,343
VIATRIS INC	27,821	22,649
VISA INC CL A	15,698	26,005
VOYA FINANCIAL INC	7,217	8,421
WESTERN ALLIANCE BANCORP	4,324	11,734
ZEBRA TECHNOLOGIES CORP CL A	2,199	8,928
ZOETIS INC CL A	10,323	29,528

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

US Government Securities - End of Year Book Value:

566,668

US Government Securities - End of Year Fair Market Value:

564,808

State & Local Government Securities - End of Year Book Value:

304,706

State & Local Government Securities - End of Year Fair Market Value:

323,136

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ACCENTURE PLC	AT COST	10,854	30,262
ADYEN NV UNSPONSORED ADR	AT COST	3,170	10,081
AEGON N V NY REGISTRY ADR	AT COST	1,807	2,470
AIA GROUP LTD SPONSORED ADR	AT COST	6,594	8,065
AIR LIQUIDE ADR	AT COST	1,685	2,686
ALCON INC	AT COST	3,437	4,704
ALFA LAVAL AB SWEDEN ADR	AT COST	2,341	4,436
ALIBABA GROUP HLDG LTD ADR	AT COST	7,663	5,108
ALLIANZ SE ADR	AT COST	8,162	8,712
AMBEV SA SPONS ADR	AT COST	5,303	6,404
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR	AT COST	3,462	3,996
ATLAS COPCO AB SPONSORED ADR A	AT COST	3,926	11,644
BANCO BILBAO VIZCAYA ARGENTARI SPONSORED ADR	AT COST	3,394	3,722
BANK OF MONTREAL FR DTD	AT COST	24,875	24,762
BANK OF NOVA SCOTIA GLBL COCO	AT COST	25,356	25,291
BARCLAYS PLC ADR	AT COST	1,119	2,877
BASF SE SPONSORED ADR	AT COST	2,397	2,735
BIC SA	AT COST	8,526	6,759
BIOHAVEN PHARMACEUTICAL HOLDING	AT COST	4,152	4,823
BNP PARIBAS SPONSORED ADR	AT COST	2,249	5,079
BP PLC SPONSORED ADR	AT COST	4,768	5,486
CANADIAN NATIONAL RAILWAY COMPANY	AT COST	1,789	3,071
CARREFOUR SPONSORED ADR	AT COST	5,591	6,430
CEMEX SAV DE CV SPONSORED ADR	AT COST	2,018	3,898
CHECK POINT SOFTWARE TECHNOLOGIES	AT COST	5,805	6,411
CHUGAI PHARMACEUTICALS CO	AT COST	2,354	3,533
COCA COLA FEMSA SAV DE CV SPONSORED ADR	AT COST	4,119	5,314
CREDIT SUISSE GROUP SPONSORED ADR	AT COST	5,449	5,283
CRH PLC ADR	AT COST	3,831	2,982
CSPC PHARMACEUTICAL GROUP LTD	AT COST	3,918	3,538
DAI NIPPON PRINTING LTD JAPAN SPONSORED ADR	AT COST	1,501	1,848
DANONE SPONSORED ADR	AT COST	7,081	6,653
DASSAULT SYSTEMS S A SPONSORED ADR	AT COST	3,904	9,250
DBS GROUP HOLDINGS LTD SPONSORED ADR	AT COST	6,105	9,054
DFA EMERGING MARKETS CORE EQUITY	AT COST	84,182	106,014
DIAGEO PLC SPONSORED ADR	AT COST	2,660	3,742
EMBRAER S A ADR	AT COST	4,900	7,136
ENERSIS CHILE SA SPON ADR	AT COST	5,521	2,789
ENI S P A SPONSORED ADR	AT COST	4,560	5,751
EPIROC AKTIEBOLAC ADR	AT COST	1,960	5,197
EQUINOR ASA SR GLBL NT DTD 04/06/2020 3.125% 04/06/2030-2030	AT COST	27,771	26,884
FANUC CORP ADR	AT COST	1,372	1,959
FIRST PAC LTD SPONSORED ADR	AT COST	2,183	2,716
FOMENTO ECONOMICO MEXICANO SAB SPONSORED ADR	AT COST	4,255	4,041
FUCHS PETROLUB SE ADR	AT COST	1,025	1,122
GATES INDUSTRIAL CORPORATION PLC	AT COST	7,911	8,082
GDF SUEZ SPONONSORED ADR EACH REPR	AT COST	5,069	5,616
GLAXOSMITHKLINE PLC ADR	AT COST	8,397	9,923
GRIFOLS SA ADR	AT COST	9,761	6,536
HAIER SMART HOME CO LTD ADR	AT COST	3,002	3,457
HDFC BANK LTD ADR	AT COST	2,094	2,863
HEIDELBERGCEMENT AG ADR	AT COST	5,563	6,102
HENKEL AG AND CO KGAA SPSD ADR SPONSORED ADR	AT COST	6,789	6,429
HONDA MOTOR LTD AMERN ADR	AT COST	3,239	3,670
HORIZON THERAPEUTICS PUB LTD	AT COST	6,979	10,129
ICICI BANK LTD ADR	AT COST	2,363	4,849
IMPERIAL BRANDS PLC SPONSORED ADR	AT COST	5,140	4,533
INFINEON TECHNOLOGIES AG SPONSORED ADR	AT COST	3,627	9,706
INTESA SANPAOLO S P A SPONSORED ADR	AT COST	3,744	4,610
J SAINSBURY PLC SPONSORED ADR	AT COST	4,997	5,760
JAZZ PHARMACEUTICALS PLC	AT COST	6,294	5,988
KINGFISHER PLC SPONSORED ADR	AT COST	1,270	3,249
KOMATSU LTD SPONSORED ADR	AT COST	2,753	3,202
KUBOTA CORP ADR	AT COST	2,997	4,469
LINDE PLC	AT COST	1,494	3,464
LONZA GROUP AG ADR	AT COST	2,187	7,098
LOREAL CO ADR	AT COST	5,841	11,164
MARKS & SPENCER GROUP PLC SPONSORED ADR	AT COST	2,868	3,597
MITSUBISHI UFJ FINANCIAL GRP INC	AT COST	21,107	20,599
MITSUBISHI UFJ FINANCIAL GRP INC SPONSORED ADR	AT COST	4,383	5,012
MS&AD INSURANCE GROUP HOLDGINGS ADR	AT COST	4,882	5,263
NESTLE S A SPONSORED ADR	AT COST	4,111	7,159
NISSAN MOTORS SPONSORED ADR	AT COST	3,308	2,672
NITORI HOLDINGS COMPANY LTD UNSPONSORED ADR	AT COST	3,518	3,165
NOVARTIS A G SPONSORED ADR	AT COST	7,505	7,435
NOVOZYMES A/S SPONSORED ADR	AT COST	1,879	3,325
ORANGE SPONSORED ADR	AT COST	6,715	5,243
P T TELEKOMUNIKASI INDONESIA	AT COST	2,871	3,682
PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR PFD	AT COST	3,818	5,025
PING AN INS GROUP CO CHINA LTD SPONSORED ADR	AT COST	3,503	2,266
PISC LUKOIL SPONSORED ADR	AT COST	4,625	5,029
POSCO SPONSORED ADR	AT COST	2,361	2,565
PRINCIPAL DIVERSIFIED REAL ASSET INSTL	AT COST	146,640	172,062
PUBLICIS S A SPONSORED ADR	AT COST	4,540	7,487
RECKITT BENCKISER GROUP PLC ADR	AT COST	2,536	2,853
RENAULT S A	AT COST	1,934	960
REPSOL S A SPONSORED ADR	AT COST	3,210	3,767
RIO TINTO PLC SPONSORED ADR	AT COST	4,075	5,021
RITCHIE BROS AUCTIONEERS INC	AT COST	2,635	5,142
ROCHE HOLDINGS LTD SPONSORED ADR	AT COST	5,145	8,787
ROYAL DUTCH SHELL PLC SPONSORED ADR B	AT COST	4,234	3,815
SANOFI AVENTIS ADR	AT COST	6,394	7,365
SAP SE SPON ADR EACH REP 1 ORD NPV	AT COST	5,600	7,846
SCHLUMBERGER INV SA SR NTE DT 12/03/2013 3.65% 12/01/2023-2023	AT COST	10,022	10,446
SCHNEIDER ELECTRIC SE ADR	AT COST	3,571	8,901
SGS SA ADR	AT COST	2,006	2,672
SHINHAN FINANCIAL GROUP CO LTD SPONSORED ADR	AT COST	2,653	2,535
SHIONOGI & CO LTD ADR	AT COST	3,638	4,469
SONOVA HOLDINGS AG	AT COST	1,434	3,612
STERIS PLC	AT COST	3,310	7,789
SUMITOMO MITSUI FINANCIAL GROUP	AT COST	26,823	26,278
SUMITOMO MITSUI HOLDINGS ADR	AT COST	4,605	4,590
SURGUTNEFTEGAS PJSC SPON ADR PFD	AT COST	5,366	5,150
SWATCH GROUP AG ADR	AT COST	5,563	6,510
SWISS RE LTD ADR	AT COST	3,582	4,386
SYMRISE AG ADR	AT COST	2,461	4,708
SYSMEX CORP ADR	AT COST	2,248	5,354
TAISHO PHARMACEUTICAL HOLDINGS CO ADR	AT COST	5,681	3,719
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR	AT COST	3,122	10,468
TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADR	AT COST	12,587	10,100
TELECOM ITALIA SPA SPONSORED ADR	AT COST	3,114	3,160
TELEFONICA BRASIL SA ADR	AT COST	6,390	6,436
TENCENT HOLDINGS LTD ADR	AT COST	7,273	8,337
TESCO PLC SPONSORED ADR	AT COST	4,941	6,141
TORONTO DOMINION BANK FR DTD 09/11/2020 .75% 09/11/2025	AT COST	24,974	24,343
TOTAL CAPITAL SR GLBL NT 24 DTD 01/15/2014 3.75% 04/10/2024	AT COST	10,927	10,842
TOTAL SE SPONSORED ADR	AT COST	5,017	5,589
UBS GROUP AG SHS	AT COST	5,048	7,952
UNICHARM CORP ADR	AT COST	4,219	5,612
UNILEVER PLC SPONSORED ADR	AT COST	3,562	3,819
VANGUARD 500 INDEX ADMIRAL	AT COST	384,594	700,099
VANGUARD INTERNATIONAL EXPLORER FUND #126	AT COST	121,576	167,035
VANGUARD SHORT-TERM INVESTMENT ADMIRAL FUND	AT COST	257,061	262,758
WPP PLC ADR	AT COST	5,132	7,631
XP INC	AT COST	3,074	2,817
YANDEX N V	AT COST	945	2,118

- TIN:

TY 2021 LegalFeesSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	4,469	2,234		2,235

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Description	Amount
BOOK TO TAX DIFFERENCE	1,753

- TIN:

TY 2021 OtherExpensesSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INSURANCE	1,811	906		905

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MANAGEMENT FEES	52,026	43,182		8,844

- TIN:

TY 2021 TaxesSchedule

Name:

FRANKENMUTH INSURANCE FOUNDATION

EIN:

82-4383153

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES PAID	3,117	3,117		0
EXCISE TAXES	725	0		0